UAE markets 08 Aug 2010

UAE market news & discussions for 08 August 2010 Most UAE stocks dropped with Aldar leading the way down, although the ADX was almost unchanged as a result of gains for NBAD and Etisalat. Heavy trading in Aabar meant the ADX saw close to AED 1 billion worth of turnover - much more than usual. On the Nasdaq Dubai, DP World rose 1.7%, and Depa fell 3.0%. UAE financial news - latest news from Reuters, Bloomberg and UAE media Dubai Financial Market Dubai stocks fell 1.6% to 1494 points from trading worth AED 89m with Emaar Properties (EMAAR) the most active stock, down 2.4% to 3.21 from AED 41m. Arabtec (ARTC) was the worst of the more active losers, down 3.4% to 1.69, Dubai Islamic Bank (DIB) fell 3.0%, Emirates NBD (ENBD) 2.4% from thin trading, Union Properties (UPP) 2.4%, and Dubai Financial Market (DFM) 2.0%. The other losers dropped by less than 2% or on turnover of less than AED 1m. There were 5 gainers, including a 15% limit up close for International Financial Advisers (IFA) from one small trade, but none saw turnover of more than AED 1m. Abu Dhabi Securities Exchange Abu Dhabi stocks dropped marginally, by 0.07% to 2528 points from AED 955m worth of trading, mostly from Aabar Energy (AABAR) shares which rose 1.0% to 1.95 from AED 840m. Except for a couple of small 10% limit down trades in Finance House (FH), Aldar Properties (ALDAR) was the worst loser, dropping 5.2% to 2.27. Ras Al Khaimah Properties (RAKPROP) fell 4.9%, Dana Gas (DANA) 3.75%, Waha Capital (OILC) 2.9%, Sorouh Real Estate (SOROUH) 2.35%, and the other losers were down less than 2% or from thin trading. There were only 3 other gainers apart from Aabar - Gulf Cement (GCEM) up 6.8% to 1.77 from just a couple of trades, National Bank of Abu Dhabi (NBAD) up 1.8%, and Emirates Telecom (ETISALAT) up 0.50%.

UAE stock market news and discussions at Dubai Share Talk ...

	Latest posts and topics (click timestamp for last post)	Last Post By	Last Post Date
Aldar share price sinking tony Sun 08 Aug 2010 14:30 IPIC share of Aabar klaus Sun 08 Aug 2010 12:47 Marketwatch August 2010 DFM ADX sam111sam Sun 08 Aug 2010 00:50 ALDAR share price sam111sam Fri 06 Aug 2010 11:19 UAE brokers suspending operations sharewadi Thu 05 Aug 2010 02:08 Forbes Middle East magazine MEnewswire Wed 04 Aug 2010 13:30 E-Marine - East African Submarine System MEnewswire Wed 04 Aug 2010 13:29 Dubai market tomorrow dificult trend Wed 04 Aug 2010 00:47 UAE macroeconomic outlook sam111sam Mon 02 Aug 2010 14:56 Al Madina share price and buyback Krazy Guy Sun 01 Aug 2010 15:02 NBAD Evans Randall finance JV Gulfer Sun 01 Aug 2010 13:01 Colliers Dubai property report 2010Q2 sharewadi Sun 01 Aug 2010 11:25 Top Stock Picks DFM/ADX Fall 2010 sam111sam Sat 31 Jul 2010 19:26 UAE Chairs Damascus Meeting "PP10" 2010-Mexico MEnewswire Sat 31 Jul 2010 14:20 Limitless Minerva Northacre Gulfer Sat 31 Jul 2010 13:44 ALDAR 2010 H1 results sharewadi Thu 29 Jul 2010 16:20 Marketwatch July 2010 DFM ADX sam111sam Thu 29 Jul 2010 01:37

best stock rises symbol price change IFA 0.93 +0.12 +14.8% GCEM 1.77 +0.11 +6.6% TAKAFUL-EM 0.62 +0.03 +5.1% NCC 3.64 +0.07 +2% ALSALAMSUDAN 1.68 +0.03 +1.8%

worst stock falls symbol price change FH 4.21 -0.46 -9.9% GLOBAL 1.03 -0.10 -8.8% ALDAR 2.15 -0.12 -5.3% RAKPROP 0.40 -0.02 -4.8% EKTTITAB 0.37 -0.02 -5.1%

top volume symbol value (AED) price EMAAR 40,788,240 3.21 ALDAR 40,766,673 2.15 ARTC 24,035,346 1.69 ADNIC 20,734,500 6.01 DANA 16,581,413 0.75

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